James Ussery, the Executive Vice President & President, Oil and Gas of US Silica Holdings Inc (SLCA, Financial), has sold 46,433 shares of the company on April 3, 2024, according to a recent SEC filing. The transaction was executed at an average price of $14 per share, resulting in a total value of $650,062.
US Silica Holdings Inc is a global performance materials company and a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. Over its 120-year history, US Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 1,500 diversified products to customers across its end markets.
Over the past year, the insider has sold a total of 46,433 shares of US Silica Holdings Inc and has not made any purchase of the stock. The recent sell by James Ussery represents a continuation of this selling trend.
The insider transaction history for US Silica Holdings Inc shows no insider buys over the past year. However, there have been 3 insider sells during the same period.
On the day of the insider's recent sell, shares of US Silica Holdings Inc were trading at $14, giving the company a market cap of $1.033 billion. The price-earnings ratio of the stock stands at 7.07, which is lower than the industry median of 11.16 and also below the company's historical median price-earnings ratio.
According to the GuruFocus Value, with a price of $14 and a GF Value of $14.30, US Silica Holdings Inc has a price-to-GF-Value ratio of 0.98, indicating that the stock is Fairly Valued. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
